2021 Top 50 Global Freight Carriers

2021 Essential Revenue and Operating Information for the 50 Largest Global Freight Carriers
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Up Front
After once-in-a-lifetime pandemic, supply chains are adjusting to new normal.
Global supply chain, so often taken for granted, becomes cause for worldwide concern.
Find out where the Top 50 Global Freight Carriers are based.
Rank This Yearsort descending Rank Last Year Company Headquarters Freight Revenue (Millions) Total Revenue (Millions) Freight Revenue Share
1 2 UPS Inc. USA $72,593 $84,628 85.8%
2 1 FedEx Corp. USA $70,456 $74,729 94.3%
3 3 China State Railway Group China $46,357 $164,346 28.2%
4 4 Maersk Denmark $35,718 $39,740 89.9%
5 8 Mediterranean Shipping Co Switzerland $29,995 $29,995 100.0%
6 7 Deutsche Post DHL Germany $26,779 $76,191 35.1%
7 10 Cosco Shipping China $24,820 $24,820 100.0%
8 5 CMA CGM France $24,230 $31,580 76.7%
9 13 SF Express China $22,317 $22,317 100.0%
10 6 Russian Railways Russia $21,649 $30,261 71.5%
11 9 BNSF Railway USA $19,778 $20,869 94.8%
12 11 Union Pacific USA $19,533 $19,533 100.0%
13 12 Indian Railways India $15,740 $18,618 84.5%
14 14 Hapag-Lloyd Germany $14,567 $14,567 100.0%
15 16 Yamato Holdings Japan $13,523 $15,274 88.5%
16 23 GeoPost Group France $12,460 $12,460 100.0%
17 15 Deutsche Bahn Group Germany $12,357 $45,508 27.2%
18 17 CSX Corp. USA $10,538 $10,538 100.0%
19 19 Canadian National Canada $10,060 $10,307 97.6%
20 18 Norfolk Southern USA $9,789 $9,789 100.0%
21 22 SG Holdings Japan $9,702 $11,806 82.2%
22 20 NYK Group Japan $9,205 $15,254 60.3%
23 21 Mitsui O.S.K Lines Japan $8,721 $9,556 91.3%
24 24 XPO Logistics USA $8,156 $16,252 50.2%
25 25 J.B. Hunt Transport Services USA $8,022 $9,637 83.2%
26 28 Evergreen Marine Corp. Taiwan $6,565 $7,029 93.4%
27 26 Kawasaki Kisen Kaisha Ltd. (K Line) Japan $5,967 $5,967 100.0%
28 27 Canadian Pacific Railway Canada $5,624 $5,750 97.8%
29 31 Hyundai Merchant Marine Co. South Korea $5,438 $5,438 100.0%
30 35 General Logistics Systems (Royal Mail) Netherlands $5,183 $5,183 100.0%
31 48 Qatar Airways Qatar $5,071 $8,062 62.9%
32 40 Emirates Group UAE $4,657 $8,230 56.6%
33 30 Yang Ming Marine Transport Co. Taiwan $4,632 $5,135 90.2%
34 29 Yellow Corp. USA $4,513 $4,513 100.0%
35 32 Knight-Swift Transportation USA $4,177 $4,674 89.4%
36 33 Old Dominion Freight Line USA $4,015 $4,015 100.0%
37 39 ZIM Integrated Shipping Services Israel $3,992 $3,992 100.0%
38 - Korean Air South Korea $3,605 $6,280 57.4%
39 41 Cathay Pacific Airways Hong Kong $3,596 $6,051 59.4%
40 37 TFI International Canada $3,542 $3,782 93.6%
41 44 Toll Group (Japan Post) Australia $3,503 $7,112 49.3%
42 36 Schneider USA $3,457 $4,553 75.9%
43 38 Nippon Express Japan $3,317 $18,856 17.6%
44 - Cargolux Luxembourg $3,171 $3,171 100.0%
45 47 Lufthansa Group Germany $3,144 $15,498 20.3%
46 45 Estes Express USA $3,055 $3,547 86.1%
47 34 Transnet Group South Africa $2,995 $3,770 79.5%
48 - Wan Hai Lines Taiwan $2,779 $2,779 100.0%
49 - Turkish Airlines Turkey $2,722 $6,734 40.4%
50 43 Kansas City Southern USA $2,633 $2,633 100.0%
About the Rankings...
Extras
Ports and airports across North America are clamoring to stay ahead of cargo backlogs and shipment load.
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Learn more about Transport Topics’ Top 50 Global Freight Carriers publication.
Top 50 News
Business, Logistics, Top 100, Top 50

UPS Pilots Complain About Shortage of Airplanes

UPS Inc. already was in trouble with Wall Street over a long-term investment plan to cope with soaring e-commerce. Now the company is clashing with its pilots union because of a short-term fix for the same challenge.

Michael Sasso | Bloomberg News
April 2, 2018
Government, Business, Logistics, TCA, Top 100, Top 50

UPS Begins Regular Cargo Flights Out of San Bernardino Airport

UPS Inc. has started operating five cargo flights a week out of San Bernardino International Airport, officials announced March 26.

Brian Whitehead | San Bernardino County (Calif.) Sun
March 28, 2018
Business, Logistics, Top 50

Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits

Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.

Ari Ashe | Staff Reporter
October 11, 2017
Business, Logistics, Top 50

Universal Expects Growth in Operating Income, EPS for First Time Since 2015

Universal Logistics Holdings Inc. expects revenue to grow about 10% in the third quarter when earnings are released after the market closes Oct. 26.

Ari Ashe | Staff Reporter
October 6, 2017
Business, Logistics, Top 50

Cardinal Logistics to Lay Off 69 Employees in Virginia on Dec. 2

Cardinal Logistics Management Corp. will lay off 69 employees in Salem, Va., on Dec. 2 because of the “unexpected termination of a major business contract,” according to a filing with the state. Most of the 69 are truck drivers.

October 6, 2017
Top 50

North American Ports

Port of Los Angeles

A working group tasked with setting standards on port performance has not convened once in 2017 after business leaders and unions battled over whether to include metrics such as truck turn times and chassis availability in the U.S. Department of Transportation’s first annual report to Congress.

Ari Ashe | Staff Reporter
September 11, 2017
Top 50

Focus on Air Cargo

FedEx cargo plane

A look at revenue generated by the world’s largest freight carriers shows a mixed picture. Check out our 2017 Transport Topics Top 50 Global Freight Carriers list.

September 11, 2017
Top 50

Map: Where They Are

Find out where the Top Global Freight Carriers are around the world.

September 11, 2017
Top 50

Top Cargo Airports in North America

September 11, 2017
Government, Business, Logistics, TCA, Top 50

Philadelphia Port Sees Continued Growth in Imports

The Philadelphia port continues to be on a roll, with more containerized freight, more liquid bulk cargoes, and more cars arriving at Philadelphia’s 15 piers and terminals on the Delaware River.

Linda Loyd | Philly.com
September 6, 2017

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